Many people retire and think that their expenses will decrease. And they do in some areas. But expenses rise in others. It’s important to not add to your debt. Take stock of what you’re spending and see where your money is going.
Your house very likely contains (and in some cases is made up of) many expensive items. Some are smaller — like a refrigerator — while others are huge — like your roof. When they break down, you’re faced with a tough call. Repair it or replace it? It’s an especially important question to think about when you’re buying, selling, or trying to maintain a home you’re planning to stay in for some time. Here’s what you should know.
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